I been trying to solve this problem for hours and the only thing i came up with, was a formula for their relationship.
$1/2A = A_0 e^{120r}$
$\ln(1/2 = e^{120}r)$
$\ln(1/2) = 120r$
$r = \ln(0.5)/120 $
$r = -0.0057762265$
So, when the isotope is $120$ years old the percentage is $-0.0057762265$. But I don't know how to find how long until the isotope decays to $60\%$? I really need on understanding this problem, I don't only want the answer I want an explanation of how to do it? please help, I have an exam tomorrow base on problems like this.
You know that the basic exponential growth/decay equation is
\begin{equation} A=A_0e^{rt} \end{equation}
You are told that when $t=120$ that
\begin{equation} A=\tfrac{1}{2}A_0e^{120r} \end{equation}
which you solved correctly for $r$.
Now you wish to know the value of $t$ which causes
\begin{equation} 0.60A_0=A_0e^{-0.005762265\,t} \end{equation}
so you must solve for $t$ the following equation:
\begin{equation} e^{-0.005762265\,t}=0.60 \end{equation}
which you should have no trouble doing.